A look at some of the key "people moves" from this week, including Ed Tilly (pictured), who has been appointed chairman of the World Federation of Exchanges.
Best Market Data Newcomer (Vendor or Product)—Fenics Market Data (FMD)
After acquiring a raft of US Treasuries market data, the vendor plans to round out its fixed income coverage, then turn its attention to other asset classes over the coming year.
The deal provides worldwide distribution of CCT-BGC's data, while expanding Fenics' portfolio of international content.
Between them, Fitzpatrick adn Machado have more than 35 years' experience in data, financial technology and trading.
The fintech veterans will lend their experience to contribute to Fincad's growth.
Bacon is like data—delicious, porky data.
Deal provides clients of ORE's trading platforms with data for risk and modeling.
Former CEO and founder Paul Caplin will remain on Board as an executive chairman.
The board of interdealer broker GFI Group has voted to open its books to suitor BGC Partners, after the brokerage firm made an unsolicited offer to acquire it last week.
CME Group has announced plans to acquire interdealer broker GFI Group's Fenics suite of pricing, risk management, analytics and straight-through processing software and its Trayport commodities and energy trading technology.
Nittan Capital, an Asia-Pac interdealer broker specializing in derivatives, has deployed Fenics Professional, a pricing and risk management system for FX options, in its Singapore and Hong Kong offices.
London-based interdealer broker GFI has launched a new version of its Fenics FX options pricing and risk tool with enhanced mathematical models, including a Local Stochastic Volatility (LSV) pricing model to enable users to price complex exotic options,…
Bank of Communications (BoC), a financial services group based in Shanghai, has licensed Fenics Professional, a pricing and risk management system for foreign exchange (FX) options from GFI subsidiary Fenics.